Which of the following is NOT a type of interest in land discussed in Louisiana real estate?

In Louisiana real estate, option contracts are not classified as a type of interest in land. Instead, option contracts are agreements that allow a property buyer to purchase the property at a later date within a specific time frame; they provide a right for potential ownership but do not convey any current interest or ownership in the property itself.

Understanding the other options helps to clarify why option contracts are distinct. Leaseholds provide a temporary right to use and occupy land or property and represent a possessory interest. Condominiums are a form of ownership where individuals own individual units but share ownership of common areas, effectively creating a type of real property interest. Mineral rights pertain to the ownership of resources beneath the land and signify a type of property interest that can be severed from the surface rights. These interests all involve some form of ownership or use of land, which is why they are classified differently from option contracts.